SDL sundance resources limited

thoughts of a small time sdl shareholder, page-7

  1. 2,674 Posts.
    these are the facts
    1/ this is a first class iron ore project
    2/ first mover advantage
    3/ hanlong are extremely helpful to sdl endevours
    4/ the main game is mining licenses !!!
    5/hanlong and sdl are doing the hard yards together
    6/ will the chinese developement bank fund the project
    as george jones has indicated yes they will.

    chinese have been involved for years with the governments there its all going ahead .

    apart from the rio/s bhp interested extrada others
    the games really hot up once licenses issued .
    IMO chinese will fund the project via another chinese steel mill once hanlong have done their job then step aside
    they have spent lots of money & time .
    IMO --they are about selling their shares for a much higher price !
    be realistic these are tough economic times 57c is a great result to shareholders in a battered market
 
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